The median value of bank appraisals on housing reached €1,156 per square meter in December, €12 more than in the previous month. On a year-on-year basis, the rate of change decreased to 6.0% (6.3% in November). It should be noticed that the number of bank appraisals reported rose to around 26 thousand in the current period, 4.4% higher than reported in the same period of the previous year.
In 2020, the median value of bank appraisals was €1,129 per square meter, up by 7.7% when compared with the result observed in the previous year.
Despite the circumstances determined by the pandemic COVID-19, Statistics Portugal calls for the best collaboration by companies, families and public entities in responding to Statistics Portugal’s data requests. The quality of official statistics, particularly its ability to identify the impacts of the pandemic COVID-19, crucially depends on this collaboration, which Statistics Portugal thanks in advance.